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Accounts Receivable
 9 Months Ended
Sep. 30, 2021
Accountant Receivables [Abstract]  
ACCOUNTS RECEIVABLE

4. ACCOUNTS RECEIVABLE

 

Accounts receivable, net consist of the following:

 

   September 30,   December 31, 
   2021   2020 
   (Unaudited)   (Audited) 
Coal and Aluminum Ingots Supply Chain Financing/Trading  $8,335,148   $
     -
 
Asset management service   1,018,633    
-
 
Others   87,435    
-
 
Allowance for doubtful accounts   (507)   
-
 
Total accounts receivable, net  $9,440,709   $
-
 

 

Movements of allowance for doubtful accounts are as follows:

 

Beginning balance  $
-
   $
-
 
Addition   507    
-
 
Ending balance  $507   $
-
 

 

The following table sets forth our concentration of accounts receivable, net of specific allowances for doubtful accounts.

 

   September 30,   December 31, 
   2021   2020 
   (Unaudited)   (Audited) 
Debtor A  $88.28%  $
     -
 
Debtor B   10.79%   
-
 
Debtor C   0.93%   
-
 
Total accounts receivable, net  $100%  $
-